Philip Maymin, Ph.D.
Assistant Professor of Finance and Risk Engineering

Profile

Dr. Philip Maymin has more than a decade of both theoretical and practical financial expertise. He was a portfolio manager at Long-Term Capital Management, Ellington Management Group, and his own hedge fund, Maymin Capital Management, which focused on behavioral relative value strategies. He has traded equity and equity derivatives, high yield bonds, emerging markets, convertible bond arbitrage, volatility arbitrage, statistical arbitrage strategies, multiple share classes and other fundamentally linked pairs, and exotic derivatives.

He holds a Ph.D. in Finance from the University of Chicago, a Master's in Applied Mathematics from Harvard University, and a Bachelor's in Computer Science from Harvard University. His 2007 dissertation on "Self-Imposed Limits to Arbitrage" proposed a behavioral solution both to the long-standing pricing puzzle of fundamentally linked stocks as well as a solution to the previously unknown volume puzzle.

He has also developed the smallest possible deterministic model of complexity in financial security prices and he has introduced the first formalized quantum programming language.

He is also an award-winning journalist, a Policy Scholar for the Yankee Institute for Public Policy, a Justice of the Peace, a columnist for the Fairfield County Weekly, and the author of Yankee Wake Up. He was also the 2006 Libertarian candidate for U.S. House of Representatives in Connecticut's fourth Congressional district. 

Education

• PH.D.,University of Chicago Graduate School of Business